Nigerian Businesses See First Rise in Six Months During Yuletide Season.

Nigeria's business activity saw its first increase in six months in December 2024, driven by Yuletide sales, according to a report. This marks the end of a period of declining economic activity.

Business activity in Nigeria experienced a significant boost during the Yuletide season, marking the first time in six months that growth was reported. According to a recent report, December 2024 saw an uptick in business activities despite the challenging inflationary environment. This surge in economic activity is attributed to the festive season's effect on consumer spending and increased business activities. The rise in business activity is seen as a promising sign for the Nigerian economy.